CEX.IO stands as a leading cryptocurrency exchange, founded in 2013. It has evolved from a Bitcoin cloud mining provider to a comprehensive platform offering diverse digital currency services. With over 200 supported cryptocurrencies, CEX.IO caters to both novice and experienced traders, emphasizing security and regulatory compliance.
Key Highlights
- Net Worth: Estimated between $100 million and $200 million.
- Revenue Streams: Trading fees, crypto-backed loans, and YouTube advertising ($5.4 million).
- User Base: Over 4 million global users.
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Financial Insights
CEX.IO's net worth reflects its robust market position. Analysts project growth due to increasing demand for crypto services. Key factors:
- Trading Volume: High liquidity and user engagement.
- Global Compliance: Operates under strict regulations in the U.S. and U.K.
π Explore CEX.IOβs latest features
Revenue Sources
CEX.IO earns through:
- Trading Fees: 0.15%β0.25% (volume-based).
- Instant Buy Fees: Up to 7%.
- Margin Trading & Loans: Interest from leveraged trades and collateralized loans.
Background
Launched as a Bitcoin mining pool (GHash.IO), CEX.IO transitioned into a full-fledged exchange by 2015. Its commitment to accessibility and security fueled rapid expansion.
Rise to Fame
CEX.IO gained traction for:
- User-Friendly Design: Simplified crypto trading.
- Regulatory Trust: Adherence to global financial standards.
π Discover crypto-backed loans
Major Achievements
- Regulatory Milestones: Licensed in multiple jurisdictions.
- Service Expansion: Introduced staking and educational resources.
FAQs
What is CEX.IOβs net worth?
Between $100Mβ$200M, driven by diverse revenue streams.
Is CEX.IO safe?
Yes, with no history of fund loss despite hacking attempts.
How long do withdrawals take?
1β5 business days, depending on method.
Supported cryptocurrencies?
Over 200, varying by region (40+ for U.S. users).
Fees?
- Trading: 0%β0.25%.
- Instant Buy: Up to 7%.